eero Scores New Funding

November 05, 2015

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Wireless router startup eero has raised around $35 million in funding from Playground Global, Redpoint Ventures and Shasta Ventures. As part of the investment, Rob Coneybeer from Shasta and Satish Dharmaraj from Redpoint have joined the Board of Directors. eero is developing a wireless system that uses a mesh network to bring stronger WiFi signals throughout a user's home. The company previously raised a $5 million round in February at a valuation of $41 million.